Perth, Sep 17, 2009 (ABN Newswire) - AUDIO: Atlas Iron Limited (ASX:AGO) MD David Flanagan talks with Brian Carlton about the agreement for Atlas and Warwick to merge, Diggers and Dealers and growth opportunities for Atlas to 2014.
Atlas is an emerging Iron Ore producer with a growing portfolio of resources defined with strong growth potential, a world class Magnetite deposit, and over 8,900km2 of iron ore mineralised tenure within Western Australia.
Atlas exports iron ore from the Pardoo DSO Iron Ore Project, which is approximately 75km from the established public access port of Port Hedland. The company anticipates the commencement of its second operation, at Wodgina 100km south of Port Hedland, in Q1 2010.
The Pardoo Operation is exporting iron ore at 1 million tonnes per annum. With increased production from Pardoo, and commissioning of new mines at Wodgina and Abydos, this is anticipated to grow to 6 million tonnes per annum and then double to 12 million tonnes per annum by 2012.
About Atlas Iron Limited
Atlas Iron Limited (ASX:AGO) is an independent Australian iron ore company, mining and exporting Direct Shipping Ore (DSO) from its operations in the Northern Pilbara region of Western Australia. Since listing on the ASX in late 2004, Atlas has grown rapidly and is now a member of the ASX100 index.